DJCoope

Cardano's falling wedge or more downside action

Long
KRAKEN:ADAUSD   Cardano
Cardano on the daily chart is looking good, with a falling wedge, which traditionally is a bullish move. This could potentially lead to an upward move to the $4 mark over the coming weeks. *Note we have strong support at the $2 mark but should this support be broken we could see a move down to $1.80 price levels. Lets see if this move plays out, but volume on the daily is looking ready for another move.

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